Solana [SOL] is up by 10%, but here’s the ‘but’ of it all

AMBCrypto LogoAMBCrypto1w ago

Solana [SOL] is up by 10%, but here’s the ‘but’ of it all - AMBCrypto

Quick Summary:

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion SOL has a bullish market structure Negative sentiment and a decline in development activity could favor a price correction  Solana (SOL) recorded impressive mid-week price gains, up by 10% at the time of writing.

Although the On-Balance Volume (OBV) hit higher highs over the last two days, it could not yet reach the earlier levels that broke the 50% Fib level.

The FTX implosion set SOL on a free fall, but the bulls have found resting places at three key supports since early November.These include $13.67 and Fib retracement levels at 23.6% ($12.89) and 0% (11.03).

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Solana [SOL] is up by 10%, but here’s the ‘but’ of it all - AMBCrypto (Picture 1)


Article Details

Author / Journalist: Suzuki Shillsalot

Category: Crypto



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 14:00:24 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #160 (out of 2489 stories this day)

News Source URL:

Language: English

Article Length: 624 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 1911396

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Update Frequency: 26 posts per day

Year Established: 2018

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News Last Updated: 9 hours ago

Coverage Areas: United States

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Publisher ID: #103

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